24 Oak Close, Fornham St Martin, Bury St Edmunds, IP28 6BY is a leasehold flat built between 1991-1995. The property offers approximately 409 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £70,884 , which equates to approximately £173 per square foot. It was last sold on 27 Sep 2024 for £69,500. Since then, the value has increased by £1,384, representing a 2.0% increase, or approximately 1.7% per year.

The current estimated value of £70,884 is:

  • 25.0% lower than the average property price on Oak Close
  • 31.4% lower than the average in the IP28 6BY postcode area
  • and 79.2% lower than the average price for Bury St. Edmunds as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 23 October 2023, the property was recorded as owner-occupied.

View sold house prices in IP28 6BY

Building approximate location

About Property

Type
Semi-Detached Maisonette
Built
1991-1995
Interior Size
409 sq ft
Tenure
Leasehold
Price (estimate)
£70,884
Price Per sq ft (estimate)
£173
Bedroom Count (estimate)
1 bedroom

EPC Summary

24 Oak Close, Fornham St Martin, Bury St Edmunds, West Suffolk, Suffolk, IP28 6BY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 23 Oct 2023.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 31 Jul 2009. The rating of D remains the same, but the energy efficiency score improved by 4.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from very poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in 80% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to IP28 6BY

13 th / 15
Price Rank
31% lower than average
12 th / 14
Size Rank
25% smaller than average
12 th / 14
Price Per Sq FT Rank
8% lower than average

Compared to other properties in IP28 6BY , this maisonette's estimated value ranks 13th out of 15. Based on price per square foot, it ranks 12th out of 14 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 12th out of 14 properties in its postcode area.

Sale History

Today
£70,884
streetscan.co.uk estimate
+2 %
27 Sep 2024
£69,500
Leasehold
+3 %
2 Aug 2019
£67,500
Leasehold
+37.8 %
5 Feb 2010
£49,000
Leasehold
-6.7 %
15 Sep 2006
£52,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 398 sq ft
sale price: £71,250
sale date: 20 Sep 2022
rooms: 3
size: 420 sq ft
sale price: £75,000
sale date: 3 Sep 2018
rooms: 2
size: 440 sq ft
sale price: £67,500
sale date: 9 Mar 2018
rooms: 3
size: 388 sq ft
sale price: £47,500
sale date: 7 Dec 2012
rooms: 2
size: 463 sq ft
sale price: £30,000
sale date: 31 Jan 2003

Data Sources

The property at 24 Oak Close, Fornham St Martin, Bury St Edmunds, IP28 6BY appears four times in the Land Registry records, with the latest transaction recorded on 27 Sep 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Oct 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.